Hi, I'm an $IONQ Inc.(IONQ)$ investor since 2021. As the stock forms a significant part of my portfolio, I've been researching into the company as part of my DD. In this article, I'll be sharing my past research and thoughts about recent developments with the community. 2 things to take note before I continue: 1) This is a LONG article😅, 2) While I try to categorise into Good and Bad for easy reading, my opinions are more nuanced. OK, so here goes... The Good 👍 Good 1: Technology - IonQ is moving towards Barium-based system which has higher fidelity (performance) - Developed rack-mounted systems for data centre installations - Developed room-temperature system (lower operating cost compared to superconducting systems) - Demonstrated
$IONQ Inc.(IONQ)$ Looks like it's bouncing off the lower bound of the bollinger band and reversing the decline with strong momentum. Volatility seems to be elevated due to the launch of $DEFIANCE DAILY TARGET 2X LONG IONQ ETF(IONX)$. I've a couple of calls and puts set up for next week at the following levels. Sell calls @ $26, $35, $36 Sell puts @ $19 Let's see where this ends up next week.
$IONQ Inc.(IONQ)$ Another fruitful week selling calls. The stock price didn't drop below $20 as expected. There seems to be some support at this level. Will pause selling calls/puts next week to watch whether its reversal or further drop before I resume.
$IONQ Inc.(IONQ)$ Quite an eventful earnings week for IonQ. Mixed results so the SP is down as expected. Expecting further downside to my target range $10-$15. Meanwhile, selling calls while waiting.